Conversion of Vacation. Effective May 1st of each year, Employees with ten (10) or more years of service, having used forty (40) or less hours of sick leave during the previous year, May 1 through April 30, may request to cash out up to forty (40) hours of vacation. A request for cash out shall be submitted by May 1st and shall be paid no later than the second (2nd) pay period in June. An employee is entitled to compensation, at the employee’s current rate of pay, for any earned but unused vacation leave at the time of separation from employment.
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Samples: Agreement, serb.ohio.gov, Agreement
